Case Brief
The Reserve Bank of India cancelled the Certificate of Registration No. 09.00044 dated March 2, 1998 issued to M/s. Canaan International Creditcap Limited under Section 45-IA(6) of the RBI Act, 1934. The company, with its registered office at Nellore, Andhra Pradesh, had been authorised to carry on the business of a non-banking financial institution. Following the cancellation, it is no longer permitted to transact NBFC business.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- NBFC
- Location
- Nellore, Andhra Pradesh
- Order Date